II 109th CONGRESS 2d Session S. 2790 IN THE SENATE OF THE UNITED STATES May 11, 2006 Mr. Biden introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To repeal the fossil fuel energy tax incentives contained in the Energy Policy Act of 2005.

1.

Repeal of 2005 Energy Act fossil fuel energy tax incentives

(a)

Repeal

The provisions of, and the amendments made by, subtitle B of title XIII of the Energy Policy Act of 2005 are repealed and the Internal Revenue Code of 1986 shall be applied and administered as if such provisions and amendments had never been enacted. (b)

Effective date

This section shall take effect as if the provisions described in subsection (a) had never been included in the Energy Policy Act of 2005.